New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
August 6, 2014
07:48 EDTCCK, RKT, OI, IP, GPK, SONHighway bill could boost IP, RockTenn shares, says Jefferies
Jefferies notes the Senate and House agreed last week on the highway bill, which allows corporations to push out pension contributions. The firm thinks the bill will accelerate free cash flow generation for International Paper (IP), RockTenn (RKT) and Sonoco (SON). Jefferies believes shares of International Paper and RockTenn could move higher since the paper names are mainly valued on free cash flow. The firm does not expect much pension relief from the bill for Owens-Illinois (OI), Crown Holdings (CCK) and Graphic Packaging (GPK).
News For IP;RKT;SON;OI;CCK;GPK From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 1, 2015
16:18 EDTGPKGraphic Packaging acquires assets of Carded Graphics, terms not disclosed
Graphic Packaging announced that its wholly owned subsidiary, Graphic Packaging International, has acquired the converting assets of Staunton, VA based Carded Graphics, an award winning printed folding carton producer with a strong regional position in the food, craft beer and other consumer product markets. The transaction will be funded with existing cash and borrowings from Graphic Packaging's revolving line of credit.
September 25, 2015
08:35 EDTCCKCrown Holdings to increase beverage can capacity in Turkey
Subscribe for More Information
07:55 EDTIPContainerboard stocks oversold at current levels, says Jefferies
Jefferies analyst Philip Ng believes containerboard stocks are already pricing in a $30-60/ton price decline. Industry contracts, however, expect downtime will balance the market and prices will hold, Ng tells investors in a research note. International Paper (IP), WestRock (WRK) and Packaging Corp. (PKG) are oversold at current levels and should be attractive for long term investors, Ng writes. He has a Buy rating on all three names.

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the disclaimer & terms of use